DELUXE CORP — Director's Dealing 2010

Jan 29, 2010

SEC Form 4/A — Form 4/A

Issuer: DELUXE CORP (DLX)
CIK: 0000027996
Period of Report: 2010-01-26

Reporting Person: Peterson Terry D (SVP & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-26	Restricted Stock Units	$0	A	8099	Acquired	2012-01-26	Common Stock (8099)	Direct

Footnotes

F1: Restricted Stock Units were awarded on 1/26/2010 under the Company's Stock Incentive Plan. The units will vest and be converted into common stock on the second anniversary of the date of grant if, subject to certain exceptions, the holder remains in the employ of the Company through such date. Award results from an advance election by executive to receive a portion of his/her 2009 incentive compensation in restricted stock units in lieu of cash. Acquisition price is based on the closing price of the Company's common stock on date of grant.